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DavidDvorkin

(19,485 posts) Mon Dec 26, 2011, 12:54 PM Dec 2011

Brazil economy overtakes UK, says CEBR

http://www.bbc.co.uk/news/business-16332115

The predictions for 2020 are very interesting.

3 replies

= new reply since forum marked as read

Highlight:

Brazil economy overtakes UK, says CEBR (Original Post) DavidDvorkin Dec 2011 OP

And it's a real economy too. Turbineguy Dec 2011 #1

Their projections appear to assume continued commodity strength cthulu2016 Dec 2011 #2

The Russian prediction surprised me DavidDvorkin Dec 2011 #3

Turbineguy

(37,365 posts)

1. And it's a real economy too.

Reply to DavidDvorkin (Original post)

Mon Dec 26, 2011, 12:57 PM

Dec 2011

Not based on fake assets like derivatives.

cthulu2016

(10,960 posts)

2. Their projections appear to assume continued commodity strength

Reply to DavidDvorkin (Original post)

Mon Dec 26, 2011, 01:05 PM

Dec 2011

Which is to say, that the economies of China and India will keep on pace.

A chinese downturn, which seems likely some time before 2020, will tank commodities in which case Brazil would probably not remain ahead of the UK. (Though might overtake her again later) Ad Russia would certainly not do as well as projected if energy demand decreased due to China and India coming back to earth.

DavidDvorkin

(19,485 posts)

3. The Russian prediction surprised me

Reply to cthulu2016 (Reply #2)

Mon Dec 26, 2011, 01:26 PM

Dec 2011

Energy demand might decrease, or the demand for fossil fuels might not be what they are probably assuming. Either one would be a big problem for Russia's growth.

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